Editorial

As Nigeria marks her 57th anniversary coming Sunday, the Archbishop of Lagos Ecclesiastical Province (Anglican Communion), Dr Michael Olusina Fape has declared that the blood of innocent souls are crying for vengeance.

Fape said this in his sermon at the 57th special independence anniversary of Nigeria service, held at

In his message, Fape said, “We have been seeking the face of God but have not turned from our wickedness. We have shed blood of many innocents souls in this nation. From Dele Giwa to Bola Ige to Alfred Rewane to Funsho Williams to our Kudirat Abiola and many more. The blood of these innocent ones are crying for vengeance. Should we continue in sin and ask for forgiveness, absolutely no.”

He identified the country’s politicians, religious leaders and community leaders as responsible for Nigeria’s ‘sickness,’ saying the country was dire in need of selfless leaders.

The Cleric who also doubles as the Bishop of Remo, said however that Nigeria’s Independence Day, October 1, called for celebration, as Nigeria survived civil war and military coups and has enjoyed so many years of democracy.

The managing director of Premium Pension Limited, Mr. Wilson Ideva sheds light on the Contributory Pension Scheme (CPS) against the backdrop of the rising profile of the pension industry and the spate of awards coming the way of Premium Pension Limited

PENSION REFORM ACT 2014Some pessimists are calling the pension reform act 2014 as the “Mrs. Chinelo Anohu-Amazu’s pension reform act 2014. The more ardent ones among them are labeling it as “Anyim’s pension reform act 2014”. But one thing is clear, one need not to be pessimist to understand that, the pension reform act 2014 was framed and designed purposely to install Mrs. Chinelo Anohu-Amazu as the substantive Director General of National Pension Commission (PenCom) at all cost. In addition, the proposed bill recommends five (5) years tenure as against four (04) years for the PenCom boss in the pension act 2014.

The only cosmetic change made apart from reducing the number of years of experience to qualify an individual to be the DG of PenCom was the upgrading of the employees and employers minimum monthly compulsory contribution of salary to 8 percent respectively. The order changes; the bill prescribed a 10 years jail term for anyone found guilty of misappropriating pension funds. All other changes in the bill were predetermined to achieve the objective of installing Mrs. Anohu-Amazu as the DG of PenCom.